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Earnings Call

The New India Assurance Company Earnings Call: Key Takeaways

NIACL reports a 40% YoY PAT increase to ₹1,384 Cr for FY26. Management is pivoting towards retail segments and 'Go Retail' strategy while maintaining market leadership with 12.74% share.

Highlights
Revenue growth10.9% domestic growth in FY26.
MarginsCombined ratio 122.57%; 116.67% excluding wage impact.
Demand visibilityStrong pull in Health and MSME segments.
Management confidenceHigh; focusing on profitable retail segments.

Growth

Gross domestic premium grew 10.9% to ₹42,822 Cr. Q4 FY26 PAT rose 61% to ₹558 Cr.

Outlook

Targeting double-digit industry growth; 'Insurance for All' by 2047 vision; focus on MSME and Tier-2/3 expansion.

Risks

High ICR in Motor (113.86%) and Marine (86.74%); wage revision impact of ₹3,525 Cr.

Source

Earnings Call filed with BSE, NSE: NIACL. Summary written with AI assistance from the document.

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The New India Assurance Company Ltd: key numbers

Share price
₹176.60
Market cap
₹29,104 Cr
Revenue (annual)
₹49,758 Cr
Net profit (annual)
₹1,412 Cr
P/E (TTM)
37.8×Sector 22.0×
Promoter holding
85.44%+0.00% QoQ
FII holding
1.02%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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